Poland's stock market finished lower at the close on Wednesday, with selling concentrated in sectors tied to chemicals, oil and gas, and food. At the Warsaw close the WIG30 index fell 0.41%.
Market breadth on the Warsaw exchange showed more falling issues than rising ones - 331 shares declined versus 234 that advanced, and 95 finished unchanged.
The session's top performers on the WIG30 included Pepco Group Nv (WA:PCOP), which climbed 4.02% or 1.33 points to finish at 34.40, moving to a 52-week high. Zabka Group SA (WA:ZAB) added 1.28% or 0.32 points to close at 25.32, and Alior Bank SA (WA:ALRR) rose 0.87% or 1.10 points to end the day at 127.05.
At the other end of the board, X Trade Brokers Dom Maklerski SA (WA:XTB) posted the sharpest decline among WIG30 names, down 8.31% or 9.04 points to 99.80 at the close. CD PROJEKT SA (WA:CDR) slipped 7.54% or 19.00 points to 233.00, while Jastrzebska Spotka Weglowa SA (WA:JSW) fell 5.11% or 1.46 points to 27.12.
Commodity markets moved lower alongside the equity pullback. Crude oil for July delivery fell 3.97% or 3.73 to trade at $90.16 a barrel. Brent oil for August delivery dropped 3.23% or 3.12 to $93.55 a barrel. In metals, the August Gold Futures contract declined 1.43% or 64.68 to trade at $4,470.32 a troy ounce.
FX crosses involving the zloty showed minimal change at the close. EUR/PLN was essentially flat, edging 0.05% to 4.23, while USD/PLN was unchanged at 3.64. The US Dollar Index Futures held steady at 99.10, unchanged on the day.
Market snapshot - closing highlights
- WIG30 -0.41% at the close
- Decliners outnumbered advancers 331 to 234, with 95 unchanged
- Top gainers: PCOP, ZAB, ALRR
- Top decliners: XTB, CDR, JSW